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Client success stories

UK insurer

Underwriting support UK company writing worldwide business

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Underwriting support - UK company writing worldwide business

 

Client description
Lloyd’s syndicate writing a diverse range of worldwide insurance and reinsurance business classes.

 

The Client’s requirements
Management review of operations and underwriting support identified key requirements:
• Efficient turnaround of operational support functions with a high level of accuracy
• Dedicated personnel with a named client manager
• Flexible approach to staffing levels to match peaks and troughs in the underwriting cycle
• No reduction in management control

 

Our solution
Key aspects of the solution from Pro include:
• Bespoke service, auditable against a Service Level Agreement and against client’s own reporting systems
• Core team dedicated to meet client’s requirements with a low staff turnover
• Additional flexible resource to cope with increased volumes during busy renewal periods

 

Services/Value delivered
• Post bind contract certainty checks for corporate & commercial risks
• Risk verification to ensure accuracy of data entered to client’s underwriting system
• Input & amendment of policy endorsements, off slips & bordereau declarations
• Exposure location data capture & loading of bordereaux
• Premium USM validation 

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